We are live on ! Find out more
PBT

Permian Basin Royalty Trust
PBT

65 hedge funds and large institutions have $26.6M invested in Permian Basin Royalty Trust in 2015 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 10 increasing their positions, 24 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

58% more call options, than puts

Call options by funds: $41K | Put options by funds: $26K

23% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 13

5% more funds holding

Funds holding: 62 → 65 (+3)

0.93% less ownership

Funds ownership: 12.21% → 11.28% (-0.93%)

23% less capital invested

Capital invested by funds: $34.8M → $26.6M (-$8.16M)

58% less repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 24

Holders
65
Holders Change
+3
Holders Change %
+4.84%
% of All Funds
1.71%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
16
Increased
10
Reduced
24
Closed
13
Calls
$41K
Puts
$26K
Net Calls
+$15K
Net Calls Change
-$68K

Top Buyers

Rank Fund Capital Flow
1
VKH
Virtu KCG Holdings
New York
+$332K
2
Deutsche Bank
Deutsche Bank
Germany
+$295K
3
Two Sigma Investments
Two Sigma Investments
New York
+$208K
4
ANTB
AMG National Trust Bank
Colorado
+$182K
5
MFP
Michael F. Price
+$147K

Top Sellers

Rank Fund Capital Flow
1
Bank of America
Bank of America
North Carolina
-$870K
2
Baird Financial Group
Baird Financial Group
Wisconsin
-$819K
3
RA
Royce & Associates
New York
-$525K
4
FRM
Foundation Resource Management
Arkansas
-$349K
5
Citigroup
Citigroup
New York
-$323K
Name Holding Trade Value Shares
Change 		Change in
Stake
FIM
26
Fruth Investment Management
Texas
$100K – – –
LTFS
27
Ladenburg Thalmann Financial Services
Florida
$84K +$9.96K +1,611 +11%
FWCM
28
Ferguson Wellman Capital Management
Oregon
$81K – – –
Luther King Capital Management (LKCM)
29
Luther King Capital Management (LKCM)
Texas
$64K -$35.9K -5,800 -31%
SPC
30
Sigma Planning Corp
Michigan
$64K -$495 -80 -0.6%
DI
31
Diligent Investors
California
$60K -$52.5K -8,500 -42%
JP Morgan Chase
32
JP Morgan Chase
New York
$56K – – –
AIG
33
American International Group
New York
$54K -$7.36K -1,191 -10%
Commonwealth Equity Services
34
Commonwealth Equity Services
Massachusetts
$53K -$32.7K -5,289 -34%
PCM
35
Perritt Capital Management
Illinois
$51K – – –
BMO
36
Beck Mack & Oliver
New York
$51K +$61.8K +10,000 New
First Manhattan
37
First Manhattan
New York
$50K +$61.8K +10,000 New
US Bancorp
38
US Bancorp
Minnesota
$37K -$97.7K -15,800 -68%
Creative Planning
39
Creative Planning
Kansas
$29K -$29.8K -4,827 -45%
KM
40
Kalos Management
Georgia
$28K – – –
GT
41
Glenmede Trust
Pennsylvania
$25K – – –
AWMS
42
Advocacy Wealth Management Services
Georgia
$19K +$23.3K +3,775 New
PSI
43
Pinnacle Summer Investments
Virginia
$17K +$223 +36 +1%
CG
44
Cutler Group
California
$17K +$21.1K +3,419 New
IA
45
IFP Advisors
Florida
$16K +$19.3K +3,125 New
ANBT
46
American National Bank & Trust
Texas
$15K – – –
CCS
47
Crosspoint Capital Strategies
California
$14K +$9.12K +1,475 New
AI
48
ArchPoint Investors
Florida
$13K +$15.7K +2,539 New
Group One Trading
49
Group One Trading
Illinois
$12K -$2.44K -394 -15%
ECM
50
Estabrook Capital Management
New York
$10.1K – – –
1
2
3 4

PBT Hedge Fund Activity: Q4 2015 in Review

65 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Permian Basin Royalty Trust (PBT) for Q4 2015, worth a combined $26.6M — down 23% from $34.8M a quarter earlier.

Buyers outnumbered sellers: 16 funds opened new PBT positions and 13 closed out — a net gain of 3 holders — while 10 added to existing stakes and 24 trimmed.

The largest buyer was Virtu KCG Holdings, opening a new position worth an estimated $332K. The largest seller was Bank of America, cutting an estimated $870K.

  • 65 institutional investors held Permian Basin Royalty Trust (PBT) as of Q4 2015, up from 62 in Q3 2015.
  • Funds reported $26.6M of Permian Basin Royalty Trust stock for Q4 2015, down 23% quarter-over-quarter.
  • 16 funds opened new Permian Basin Royalty Trust positions in Q4 2015 and 13 closed out, a net change of +3 holders.
  • The largest Permian Basin Royalty Trust buyer in Q4 2015 was Virtu KCG Holdings, an estimated $332K added.
  • The largest Permian Basin Royalty Trust seller in Q4 2015 was Bank of America, an estimated $870K sold.

Based on aggregated 13F filings for Q4 2015.